Reddit #silversqueeze redux

Discussion in 'Silver' started by 66rounds, May 8, 2021.

  1. alor

    alor Well-Known Member Silver Stacker

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    ^ after he bought back his soul :D
     
  2. tdtwedt

    tdtwedt Active Member Silver Stacker

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  3. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Anyone who thinks buying metals will kill the great reset has delusions of grandeur. I wouldn't be surprised if it precipitates their goals.
     
  4. shinymetal

    shinymetal Well-Known Member

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    If enough people do it and it's sustained for long enough it could.
    If a decent percent of people moved half their crypto gains into silver it might do something.
     
    BackYardPirate likes this.
  5. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Honestly, why on Earth would we do that?
     
  6. shinymetal

    shinymetal Well-Known Member

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    To squeeze silver.
     
  7. tdtwedt

    tdtwedt Active Member Silver Stacker

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  8. Stackem High

    Stackem High Member

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  9. tdtwedt

    tdtwedt Active Member Silver Stacker

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  10. Millennial Engineer

    Millennial Engineer Well-Known Member

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    TLDR:
    Bankers chuckled on intial Silver Squeeze in Late Jan 2021, as knew piling into Bars would not affect silver price and SLV is used against the price of silver.
    WSS formed and the members came to the conculsion to buy PSLV, to act as sort of combined buying power doing what buying SLV should be, which has increased by 60%, not slowing down as 80K members now
    Waiting on part 2.
     
    President Trump, adze67 and 66rounds like this.
  11. 66rounds

    66rounds Well-Known Member Silver Stacker

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    $3B into SLV. Makes you wonder what could have been.
     
    adze67 likes this.
  12. STKR

    STKR Well-Known Member Silver Stacker

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    Seeing a small wave of pre-orders at ABC:

    Screenshot_2021-05-27-13-12-19-52.jpg
    Screenshot_2021-05-27-13-12-34-42.jpg
    Screenshot_2021-05-27-13-12-46-75.jpg
     
    66rounds likes this.
  13. 66rounds

    66rounds Well-Known Member Silver Stacker

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  14. Millennial Engineer

    Millennial Engineer Well-Known Member

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    yep,
    You live you learn and discover. I think Happy Hawaiian funnelled people to SLV, but he has learnt his lesson on that and by doing so 80k apes learnt that. However I don't think this is a one shot thing, with the way the world is at the moment I'm sure another sizeable attempt would be made sometime at PSLV or even better LBMA bars.
    Also if I get some spare time, its rainy this weekend in Perth. I wanted to compile a premium tracker from 2020 and if not 2015.Over a vairety of products. Perhaps I could apperciate the low premiums in the AUS more that way..
     
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  15. STKR

    STKR Well-Known Member Silver Stacker

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    Check out this guy's channel. He tracks and charts premiums..
     
  16. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Unless 2020 Roo's are especially collectable... BN is usually AUD4-5.00 oz cheaper on the the more common silver mint coins for sometime now. BN banging out 2021 Roo's lately at AUD41-42.00 range...Still plenty even on line.
     
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  17. tdtwedt

    tdtwedt Active Member Silver Stacker

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  18. BlackSheep

    BlackSheep Well-Known Member Silver Stacker

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    Looks like that 80K members number from yesterday will become 90K members today :O
     
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  19. Millennial Engineer

    Millennial Engineer Well-Known Member

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    Just in Time for the 5 year anniversary of Harambe's Death 28th of May 2016, and to overtake R/Silverbugs at 83.4 k members to be the largest silver group on Reddit.
     
    adze67, BlackSheep and 66rounds like this.
  20. Millennial Engineer

    Millennial Engineer Well-Known Member

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